Analysis of international oil price trends, covering WTI and Brent crude movements during Asian trading sessions.

News

Dollar's 10th Hike Sees Yuan Gain 4,400 Points Instead of Drop

At the end of April, good news arrived.Last month, when tallying China's foreign trade, the proportion of the use of the renminbi reached 48%, surpassing the US dollar for the first time.The Federal R...

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U.S. Stocks Rise Mildly, Nvidia Soars Over 4%

On October 8th Eastern Time, several Federal Reserve officials made concentrated statements supporting further interest rate cuts, leading to a moderate rise in the three major U.S. stock indices. NVI...

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Gold May Halt Decline; Eye Crude Oil for Long Opportunities

In trading, which is more important: time or price? If it's intraday trading, then clearly time is more important than price. Friends who follow this column may have noticed that I often mention two k...

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Oct 9: International Oil Prices Decline

On October 9th, international crude oil futures prices fell, primarily due to a significant increase in U.S. inventories overshadowing concerns about the situation in the Middle East and hurricanes. D...

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Fed Abandons Reserve Requirement: Evolution of Monetary Policy Tools

The reserve requirement ratio is the minimum proportion of reserves that central banks require commercial banks to hold, and it is one of the important tools of monetary policy. From its inception to ...

News

Oil Price Dips Below $80, US Increases Pressure

The previous price cap did not achieve the expected results, so Western countries decided to impose further sanctions and restrictions on Russia's energy sector.Currently, the G7 has essentially agree...

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